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Author Topic: Earning a living with bitcoin?  (Read 158459 times)
TastyChillySauce00
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March 15, 2016, 12:05:22 PM
 #481

I think to earn a living from bitcoin you need to be to adapt to running multiple off shoot business ideas at one time and some how connect them to advertise the service. See a few established members using this strategy and it seems to be successful.
The obvious would be trading but you need to hold enough to make this worth well venture.
yeah thats true, now it is pretty hard to earn money with bitcoins as there are a lot of other people who are trying to do that too, though everything is possible

it would be great to have some kind of an idea for bitcoin business, it would surely earn me a living after some time of working

Actually, a company about bitcoins is still rare. I think you still have a chance to earn money by build a company about bitcoin thing. especially in my country, no company about bitcoins.
I saw there's so many companies starting to accept bitcoin and most of them are company which running in online business,no doubt few physical companies got lack of technology and don't want to implement bitcoin but online company seems want to implement bitcoin, whether they'll paid their worker with btc it's all depend on the owner

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March 15, 2016, 01:26:05 PM
 #482

Bitcoin may be a way for some unemployed people to earn some cash till they find a stable, good-paying full time or several part time jobs to get a reasonable salary for their living standards. Bitcoin is just a hobby for my free time that is bringing me dividends.

Well for you and the most bitcoins comes as an extra to add to the real job,but for some people this turned into their work,offering a service related to bitcoin.Nowadays is harder to start any project and be able to compete with the current projects running already.

There are a lot or coders, designers and developers now in services section that it gets really hard to compete. In order to compete and make this a stable or full time job, you must be very damn good at your skills. This is one reason I am still part time in bitcoin and not taking it to the next level.
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March 15, 2016, 01:28:39 PM
 #483

Don't think it is possible yet. You can't even survive off bitcoin without transferring it to local currency

 
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March 15, 2016, 01:29:28 PM
 #484

for miner earning bitcoin will funny and helpfull . and they can mining altcoin to get more alternative income
or alternative investation . for me trade and create service based bitcoin payment it would really help .
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March 15, 2016, 01:34:09 PM
 #485

Don't think it is possible yet. You can't even survive off bitcoin without transferring it to local currency

Even the IT specialists in the Bitcoin sector exchange  the Bitcoins that they receive as salaries to local money to pay their daily expenses Bitcoin is not universal money yet.
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March 15, 2016, 01:48:25 PM
 #486

Good way for earning good money is providing other members  services, such as converting BTC to skrill or paypal with minimal fee or something like this. From different reasons they just can't get this services different way.
Or some kind of escrow services..But you need green trust.
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March 15, 2016, 01:58:07 PM
 #487

Good way for earning good money is providing other members  services, such as converting BTC to skrill or paypal with minimal fee or something like this. From different reasons they just can't get this services different way.
Or some kind of escrow services..But you need green trust.
I think making the site exchangers will be better, the bitcoins trading site and altcoins trading it has a very big profit and you will never suffer losses.

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March 15, 2016, 02:32:53 PM
 #488

Bitcoin may be a way for some unemployed people to earn some cash till they find a stable, good-paying full time or several part time jobs to get a reasonable salary for their living standards. Bitcoin is just a hobby for my free time that is bringing me dividends.

Well for you and the most bitcoins comes as an extra to add to the real job,but for some people this turned into their work,offering a service related to bitcoin.Nowadays is harder to start any project and be able to compete with the current projects running already.

There are a lot or coders, designers and developers now in services section that it gets really hard to compete. In order to compete and make this a stable or full time job, you must be very damn good at your skills. This is one reason I am still part time in bitcoin and not taking it to the next level.
im still believe bitcoin will taking a next level . a lot personal bussines acept bitcoin now . what we need its a big company to doing that like
valve . facebook . or maybe google xD
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March 15, 2016, 03:48:28 PM
 #489

Good way for earning good money is providing other members  services, such as converting BTC to skrill or paypal with minimal fee or something like this. From different reasons they just can't get this services different way.
Or some kind of escrow services..But you need green trust.
I think making the site exchangers will be better, the bitcoins trading site and altcoins trading it has a very big profit and you will never suffer losses.

Making and managing an exchange site is not easy, it needs a great preparation to start and of course great money as well. The risk is also so big, providing services for other members is even better than making an exchange site.

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March 15, 2016, 03:51:21 PM
 #490

Good way for earning good money is providing other members  services, such as converting BTC to skrill or paypal with minimal fee or something like this. From different reasons they just can't get this services different way.
Or some kind of escrow services..But you need green trust.
I think making the site exchangers will be better, the bitcoins trading site and altcoins trading it has a very big profit and you will never suffer losses.

Sounds easy huh?

With the lots of exchange sites today that builts it's repute it's hard to compete unless you have a really high amount to invest.

This is not a joke. You will need at leastBTC10,000 or more worth of capital to start and compete with other famous exchanges site.

I don't need to state the breakdown if you will got my point. Smiley

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March 15, 2016, 03:56:20 PM
 #491

Good way for earning good money is providing other members  services, such as converting BTC to skrill or paypal with minimal fee or something like this. From different reasons they just can't get this services different way.
Or some kind of escrow services..But you need green trust.
I think making the site exchangers will be better, the bitcoins trading site and altcoins trading it has a very big profit and you will never suffer losses.

Sounds easy huh?

With the lots of exchange sites today that builts it's repute it's hard to compete unless you have a really high amount to invest.

This is not a joke. You will need at leastBTC10,000 or more worth of capital to start and compete with other famous exchanges site.


I don't need to state the breakdown if you will got my point. Smiley

No. It won't be enough.

What you need is... A competitive advantage. Even with 10kbtc what will happen? Why would people use you and not their favorite exchange. Even famous exchanges like btc e have problems...

You have to get something special, unique, that will make some people actually move from their exchange to yours ^^

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March 15, 2016, 04:04:53 PM
 #492

I think the best method to earning a living with bitcoin is by creating your owned site with good marketplace accepting Bitcoin as payment processor, but that's need good budget to start this project and paying its fees
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March 15, 2016, 04:08:55 PM
 #493

I think it depends of concrete person. Some people have a special skill of making money from nothing, another won't live a year even with million dollars.

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March 15, 2016, 04:33:17 PM
 #494

Some people are making full-time business and profit off bitcoin, mostly those working for exchanges and gambling sites are ones making decent money from it.
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March 15, 2016, 06:24:34 PM
 #495

Come to my mind, I heard once that being a faucet owner could give a decent income. Could anyone clarify this? If it's true, then maybe it can be a good alternative.

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Bit1334271
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March 15, 2016, 06:32:02 PM
 #496

Come to my mind, I heard once that being a faucet owner could give a decent income. Could anyone clarify this? If it's true, then maybe it can be a good alternative.
Currently Faucets are not good for decent income as its going down very badly in my view if you provide services and selling things for bitcoin is much better then these faucets
socks435
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March 15, 2016, 07:27:28 PM
 #497

Come to my mind, I heard once that being a faucet owner could give a decent income. Could anyone clarify this? If it's true, then maybe it can be a good alternative.
Not all man being a faucet owner you must have a patience before you reach your decent income weekly or monthly. if you make a faucet properly you can earn a day or a weeks profitable..

Solving blocks can't be solved without my rigs.
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March 15, 2016, 08:17:11 PM
 #498

-snip-
You shouldnt try a big loan to go into bitcoin,even knowing that the price should go up ,i had that idea last year when price were at 250dollars,but i had requested already a loan and i were paying in on the time,if i had made that i would had sucess since price is 140 dollars difference between,i would had paid the loan with  two weeks or less.But well i wont advise you to make a loan to go bitcoin,if you can pay it without the halving potencial income make it,risk otherwise dont risk to get a loan just to try make an income at bitcoin.
Yes, it is true, I will also suggest you not to take any loan for any business if there any risk involved, but try it with your own money. As if you faced any lose then it will be only a lose but if you faced lose with the loan money then it will not be only a lose but your life destruction.

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March 15, 2016, 08:48:26 PM
 #499

Earning a living with bitcoin is pretty possible but needs already working or starting with good invested amount. For some countries where the living's level is low i think even small amounts of bitcoins could help their people to earn living with bitcoin
Yes, the countries where a person can live with only about $300, then they can easily earn their living with bitcoin by doing some online tasks or job. And if they invest their earned amount then they can boost their earnings.
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March 16, 2016, 12:38:59 AM
 #500

Come to my mind, I heard once that being a faucet owner could give a decent income. Could anyone clarify this? If it's true, then maybe it can be a good alternative.

If you have a faucet like freebitco.in or moonbit, I'm very sure you can make a living just from faucet. I'm not really sure about their faucet incomes from the ads, but I've ever heard that their income is decent enough.

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